Types of business - F4
Authored by Carissa Ramnarine
Business
11th Grade
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business is owned by ONE person?
Partnership
Franchise
Limited liability company
Sole trader
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business has unlimited liability?
Sole trader
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
KFC, Mc Donald's and Haagen-Dazs are examples of what type of business?
Franchise
Partnerships
Private limited companies
Public limited companies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business allows individuals to purchase shares via the stock market?
Non-profit organization
Private limited
Social enterprise
Public limited
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of companies must individuals be invited to invest in to become shareholders?
Public limited
Corporations
Sole traders
Private limited
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business is formed by a group of individuals who have similar interests ?
Sole trader
Partnership
Franchise
Public limited company
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of business is the most difficult to set up?
Sole trader
Public limited
Private limited
Franchise
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